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yrian Organization: A Safe Haven for Opponents and Support for Kurdish Activists

The Democratic Assyrian Organization is a nationalist Christian political body that seeks to protect the existence of the Assyrian people and their legitimate national aspirations. The organization was established on July 15, 1957, in the city of Qamishli and is currently headed by Dawood Dawood.
In statements made to "The Levant" newspaper, Hossam Al-Qass, a member of the media office of the Democratic Assyrian Organization, highlighted the prominent role played by the organization in protecting many opponents of the Assad regime.
He explained that the organization’s headquarters in Qamishli has become a safe haven for these individuals amid the security persecutions they faced.
Al-Qass also added that the organization contributed to the rescue of several Kurds during the uprising in 2004, as the headquarters provided Kurdish activists with a chance to escape the arrests and security pressures imposed by the Syrian regime during that period.
The organization describes itself as "a democratic nationalist political organization aimed at preserving the national existence of our people and achieving their legitimate aspirations at the political, cultural, and administrative levels in their historical homeland, the land of Mesopotamia." The organization adopts a peaceful approach in its efforts to build a pluralistic civil state and a democratic system.
The organization was notably active during the "Damascus Spring" movement and participated in founding the "Damascus Declaration for National Democratic Change" on October 16, 2005, but later withdrew.
With the outbreak of the Syrian revolution, the organization expressed its support for the revolutionary movement, and its members participated in it, resulting in the arrest of 28 of its members. On December 19, 2013, Gabriel Moshé Kouria, then-head of the organization’s political office, was arrested by regime forces on charges of terrorism but was later released. The organization rejected foreign military intervention and the arming of the opposition, declaring its support for dialogue with the Assad regime to achieve a peaceful power transition.
The organization also contributed to the establishment of the Syrian National Council and engaged in the National Coalition of Syrian Revolutionary and Opposition Forces, becoming an independent component within it in mid-2014.
In 2012, the organization proposed the creation of a National Body for the Syrian Jazira, as a political and administrative framework that includes joint governance among the three components: Arabs, Kurds, and Assyrian-Syriacs through local councils. Although the project failed due to "Kurdish disagreements," the organization believes that the Kurdish self-administration emerged to fill the vacuum, but criticized its formation without consensus among the key components.
The organization had previously condemned the Turkish military attack on the city of Afrin, calling on the Turkish government to cease it, holding it legally and politically responsible for the assault.
On July 28, 2020, the organization formed an alliance with the Arab Council of Jazira and the Euphrates, the Tomorrow Movement, and the Kurdish National Council, under the Peace and Freedom Front, which defines itself as a political alliance framework aimed at building a decentralized pluralistic democratic system that guarantees the dignity and freedom of Syrians and prevents terrorism, extremism, and exclusion.
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BENEFIT AGM approves 10%...
- March 27, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, held its Annual General Meeting (AGM) at the company’s headquarters in the Seef District.
During the meeting, shareholders approved all items listed on the agenda, including the ratification of the minutes of the previous AGM held on 26 March 2024. The session reviewed and approved the Board’s Annual Report on the company’s activities and financial performance for the fiscal year ended 31 December 2024, and the shareholders expressed their satisfaction with the company’s operational and financial results during the reporting period.
The meeting also reviewed the Independent External Auditor’s Report on the company’s consolidated financial statements for the year ended 31 December 2024. Subsequently, the shareholders approved the audited financial statements for the fiscal year. Based on the Board’s recommendation, the shareholders approved the distribution of a cash dividend equivalent to 10% of the paid-up share capital.
Furthermore, the shareholders endorsed the allocation of a total amount of BD 172,500 as remuneration to the members of the Board for the year ended 31 December 2024, subject to prior clearance by related authorities.
The extension of the current composition of the Board was approved, which includes ten members and one CBB observer, for a further six-month term, expiring in September 2025, pending no objection from the CBB.
The meeting reviewed and approved the Corporate Governance Report for 2024, which affirmed the company’s full compliance with the corporate governance directives issued by the CBB and other applicable regulatory frameworks. The AGM absolved the Board Members of liability for any of their actions during the year ending on 31st December 2024, in accordance with the Commercial Companies Law.
In alignment with regulatory requirements, the session approved the reappointment of Ernst & Young (EY) as the company’s External Auditors for the fiscal year 2025, covering both the parent company and its subsidiaries—Sinnad and Bahrain FinTech Bay. The Board was authorised to determine the external auditors’ professional fees, subject to approval from the CBB, and the meeting concluded with a discussion of any additional issues as per Article (207) of the Commercial Companies Law.
Speaking on the company’s performance, Mr. Mohamed Al Bastaki, Chairman BENEFIT , stated: “In terms of the financial results for 2024, I am pleased to say that the year gone by has also been proved to be a success in delivering tangible results. Growth rate for 2024 was 19 per cent. Revenue for the year was BD 17 M (US$ 45.3 Million) and net profit was 2 Million ($ 5.3 Million).
Mr. Al Bastaki also announced that the Board had formally adopted a new three-year strategic roadmap to commence in 2025. The strategy encompasses a phased international expansion, optimisation of internal operations, enhanced revenue diversification, long-term sustainability initiatives, and the advancement of innovation and digital transformation initiatives across all service lines.
“I extend my sincere appreciation to the CBB for its continued support of BENEFIT and its pivotal role in fostering a stable and progressive regulatory environment for the Kingdom’s banking and financial sector—an environment that has significantly reinforced Bahrain’s standing as a leading financial hub in the region,” said Mr. Al Bastaki. “I would also like to thank our partner banks and valued customers for their trust, and our shareholders for their ongoing encouragement. The achievements of 2024 set a strong precedent, and I am confident they will serve as a foundation for yet another successful and impactful year ahead.”
Chief Executive of BENEFIT; Mr. Abdulwahed AlJanahi commented, “The year 2024 represented another pivotal chapter in BENEFIT ’s evolution. We achieved substantial progress in advancing our digital strategy across multiple sectors, while reinforcing our long-term commitment to the development of Bahrain’s financial services and payments landscape. Throughout the year, we remained firmly aligned with our objective of delivering measurable value to our shareholders, strategic partners, and customers. At the same time, we continued to play an active role in enabling Bahrain’s digital economy by introducing innovative solutions and service enhancements that directly address market needs and future opportunities.”
Mr. AlJanahi affirmed that BENEFIT has successfully developed a robust and well-integrated payment network that connects individuals and businesses across Bahrain, accelerating the adoption of emerging technologies in the banking and financial services sector and reinforcing Bahrain’s position as a growing fintech hub, and added, “Our achievements of the past year reflect a long-term vision to establish a resilient electronic payment infrastructure that supports the Kingdom’s digital economy. Key developments in 2024 included the implementation of central authentication for open banking via BENEFIT Pay”
Mr. AlJanahi concluded by thanking the Board for its strategic direction, the company’s staff for their continued dedication, and the Central Bank of Bahrain, member banks, and shareholders for their valuable partnership and confidence in the company’s long-term vision.
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